South Korea's ruling party weighs another delay to crypto tax
- —The crypto tax has already been delayed three times since its 2020 introduction
- —Lawmakers will assess access to overseas trading data and the burden on local investors
- —The presidential office is also discussing another delay
- —The party plans to accelerate a basic digital asset law
Why it matters: A delay would postpone taxation for retail crypto investors in one of the world's largest trading markets and shape the country's regulatory framework.
Source: Bloomingbit